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Thursday, 11/15/2012 10:49:45 AM

Thursday, November 15, 2012 10:49:45 AM

Post# of 288
Scorpio Gold posts Q3 results with MD&A.

Read through pages 4-6 of the MD&A, and I think we can now say that lack of water has been a major factor in reduced production levels in 2012. The gallons apllied to the leach pad have now increased and when the new production well comes online, the problem will be corrected fully, and production should rise significantly in 2013. The second well will be online by end of February.

http://www.scorpiogold.com/i/pdf/fs/Q3_MDA_Sep12.pdf